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What is the yieldtomaturity of a corporate bond with a 3year maturity, 5 percent coupon (semiannual payments), and $1,000 face value if the bond sold
What is the yieldtomaturity of a corporate bond with a 3year maturity, 5 percent coupon (semiannual payments), and $1,000 face value if the bond sold for $978.30?
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